Remove Big Data Remove Internet of Things Remove Risk Remove Risk Management
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Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

Are you frustrated by an increase in the quantity of the data that your organization handles? Many businesses globally are dealing with big data which brings along a mix of benefits and challenges. A report by China’s International Data Corporation showed that global data would rise to 175 Zettabyte by 2025.

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How AI and IoT Solutions Can Improve Your Business

Smart Data Collective

Moreover, with the help of an AI development company , businesses can avoid unforeseen downtime, increase operational productivity, develop new services and products, and boost risk control. There are IoT solutions that can assist them in collecting data and performing analytics for inventory management.

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IRM Is Essential for Digital Transformation Success

John Wheeler

Last week, I had the distinct privilege to join my Gartner colleagues from our Risk Management Leadership Council in presenting the Q4 2018 Emerging Risk Report. We hosted more than 500 risk leaders across the globe in our exploration of the most critical risks.

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The journey to a mature asset management system

IBM Big Data Hub

Asset management and technological innovation Advancements in technology underpin the need for holistic grid asset management, making the assets in the grid smarter and equipping the workforce with smart tools. Cybersecurity reduces risk exposure for cyberattacks on digitally connected assets.

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Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. Fewer disruptions : A healthy supply chain mitigates risks and protects against inevitable disruption. Because finding the right suppliers can be challenging, some businesses turn to technology to help.

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Six EAM trends pushing the oil and gas industries forward

IBM Big Data Hub

EAM systems can include functions like maintenance management, asset lifecycle management , inventory management and work order management, among others. Access to asset/system simulations can enable more proactive maintenance planning, improved decision-making and better risk management.

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Contingency plan examples: A step-by-step guide to help your business prepare for the unexpected

IBM Big Data Hub

Good contingency plans prioritize the risks an organization faces, delegate responsibility to members of the response teams and increase the likelihood that the company will make a full recovery after a negative event. Make a list of risks and prioritize them according to likelihood and severity.

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